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Tag Archives: stock

Facebook CEO turns 28, IPO could be $100B gift

NEW YORK — He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO. Facebook’s chief executive turned 28 on Monday, setting in motion the social network’s ...

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Catalyst Health 1Q earnings fall 5 percent

ROCKVILLE — Pharmacy benefits manager Catalyst Health Solutions Inc.’s first-quarter earnings fell 5 percent as costs related to an acquisition and infrastructure improvements soared. The Rockville company, which is being acquired by SXC Health Solutions Corp., earned $19.2 million, or ...

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Legg Mason’s 4th quarter profit up 10 percent

Baltimore-based Legg Mason Inc. said Tuesday that its fiscal fourth-quarter profit increased 10 percent as it cut expenses to offset the impact of lower stock and bond assets. Net income rose to $76.1 million, or 54 cents a share, in ...

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Groupon restatement sparks more worries

NEW YORK — Groupon’s announcement that its revenue and earnings were lower than what it reported in February is sparking fresh worries about the young company’s business model. Trouble arose when the online deals company said late Friday that it ...

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